Benchmark stock market indices ended higher on Friday, supported by a rally in IT stocks led by Infosys after the company announced its Q3 results.

The S&P BSE Sensex rose 187.74 points to close at 83,570.35, while the NSE Nifty50 gained 28.75 points to settle at 25,694.35.

Vinod Nair, Head of Research at Geojit Investments Limited, said markets witnessed positive momentum during the session, driven by encouraging Q3 earnings from IT companies and mid-sized banking stocks. However, he noted that profit booking toward the close capped the upside, resulting in only modest gains. The IT sector outperformed after a leading industry bellwether raised its revenue growth outlook, boosting expectations of higher technology spending.

Infosys emerged as the top gainer on the Sensex, surging 5.65%, followed by Tech Mahindra, which jumped 5.17%. HCL Technologies rose 1.82%, State Bank of India gained 1.36%, and UltraTech Cement advanced 0.94%.

Losses were led by Eternal, which fell 3.89%. Asian Paints declined 2.08%, Bharat Electronics slipped 1.85%, Sun Pharmaceutical Industries dropped 1.84%, and Maruti Suzuki ended 1.78% lower.

Vatsal Bhuva, Technical Analyst at LKP Securities, said the Nifty formed a bearish gravestone doji candlestick on the daily chart, while the RSI remains in a bearish crossover, indicating underlying weakness.

He added that the index is consolidating with a negative bias between the 25,550–25,600 support zone, where the 100-day SMA is placed, and the 25,850–25,900 resistance range. Immediate support is seen near 25,600, below which a deeper correction could occur, while resistance is placed around 25,835–25,900 in the near term.